Carlo Gavazzi Holding AG (LTS:0QL5) Days Payable : 68.74 (As of Sep. 2023)

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What is Carlo Gavazzi Holding AG Days Payable?

Carlo Gavazzi Holding AG's average Accounts Payable for the six months ended in Sep. 2023 was CHF17.0 Mil. Carlo Gavazzi Holding AG's Cost of Goods Sold for the six months ended in Sep. 2023 was CHF45.3 Mil. Hence, Carlo Gavazzi Holding AG's Days Payable for the six months ended in Sep. 2023 was 68.74.

The historical rank and industry rank for Carlo Gavazzi Holding AG's Days Payable or its related term are showing as below:

LTS:0QL5' s Days Payable Range Over the Past 10 Years
Min: 55.3 Med: 59.48 Max: 70.97
Current: 70.97

During the past 13 years, Carlo Gavazzi Holding AG's highest Days Payable was 70.97. The lowest was 55.30. And the median was 59.48.

LTS:0QL5's Days Payable is ranked worse than
53.89% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs LTS:0QL5: 70.97

Carlo Gavazzi Holding AG's Days Payable increased from Sep. 2022 (65.74) to Sep. 2023 (68.74). It may suggest that Carlo Gavazzi Holding AG delayed paying its suppliers.

Carlo Gavazzi Holding AG Days Payable Historical Data

The historical data trend for Carlo Gavazzi Holding AG's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Carlo Gavazzi Holding AG Days Payable Chart

Carlo Gavazzi Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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63.74

56.14

55.40

59.11

59.85

Carlo Gavazzi Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															51.87	61.36	65.74	70.69	68.74

Competitive Comparison of Carlo Gavazzi Holding AG's Days Payable

For the Electrical Equipment & Parts subindustry, Carlo Gavazzi Holding AG's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Carlo Gavazzi Holding AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carlo Gavazzi Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Carlo Gavazzi Holding AG's Days Payable falls into.

Carlo Gavazzi Holding AG Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Carlo Gavazzi Holding AG's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (15.728	+	17.104)	/	2 )	/	100.117	*	365
=	16.416					/	100.117	*	365
=	59.85

Carlo Gavazzi Holding AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (17.104	+	16.991)	/	2 )	/	45.262	*	365 / 2
=	17.0475					/	45.262	*	365 / 2
=	68.74

Carlo Gavazzi Holding AG Days Payable Related Terms

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Carlo Gavazzi Holding AG (LTS:0QL5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carlo Gavazzi Holding AG (LTS:0QL5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAVz:UK GAV:Switzerland

Address

Sumpfstrasse 3, Steinhausen, CHE, CH-6312

Website

https://www.carlogavazzi.com

Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for the global markets of industrial and building automation. Its product portfolio comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, and Fieldbus systems. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia. Geographically the company receives maximum revenue from Europe, the Middle East, and Africa.

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